Saturday, May 25, 2013

World Bank Insider Blows Whistle on Corruption, Federal Reserve

Image was found here. The below was sent to me by email. I have not vetted the source.

One more
whistle blower, in a long list of prestigious insiders saying the same
thing, today, confirms world domination by Central Banking and mostly
the US Federal Reserve. Included is an analysis and confirmation by a
peer reviewed paper, published in the journal PLOS ONE. Jay

A
former insider at the World Bank, ex-Senior Counsel Karen Hudes, says
the global financial system is dominated by a small group of corrupt,
power-hungry figures centered around the privately owned U.S. Federal
Reserve. The network has seized control of the media to cover up its
crimes, too, she explained. In an interview with The New American,
Hudes said that when she tried to blow the whistle on multiple problems
at the World Bank, she was fired for her efforts. Now, along with a
network of fellow whistleblowers, Hudes is determined to expose and end
the corruption. And she is confident of success.

Citing an
explosive 2011 Swiss study published in the PLOS ONE journal on the
"network of global corporate control," Hudes pointed out that a small
group of entities - mostly financial institutions and especially central
banks - exert a massive amount of influence over the international
economy from behind the scenes. "What is really going on is that the
world's resources are being dominated by this group," she explained,
adding that the "corrupt power grabbers" have managed to dominate the
media as well. "They're being allowed to do it."

According to the
peer-reviewed paper, which presented the first global investigation of
ownership architecture in the international economy, transnational
corporations form a "giant bow-tie structure." A large portion of
control, meanwhile, "flows to a small tightly-knit core of financial
institutions." The researchers described the core as an "economic
'super-entity'" that raises important issues for policymakers and
researchers. Of course, the implications are enormous for citizens as
well.

Hudes, an attorney who spent some two decades working in
the World Bank's legal department, has observed the machinations of the
network up close. "I realized we were now dealing with something known
as state capture, which is where the institutions of government are
co-opted by the group that's corrupt," she told The New American in a
phone interview. "The pillars of the U.S. government - some of them -
are dysfunctional because of state capture; this is a big story, this is
a big cover up."

At the heart of the network, Hudes said, are
147 financial institutions and central banks - especially the Federal
Reserve, which was created by Congress but is owned by essentially a
cartel of private banks. "This is a story about how the international
financial system was secretly gamed, mostly by central banks - they're
the ones we are talking about," she explained. "The central bankers have
been gaming the system. I would say that this is a power grab."

The
Fed in particular is at the very center of the network and the coverup,
Hudes continued, citing a policy and oversight body that includes top
government and Fed officials. Central bankers have also been
manipulating gold prices, she added, echoing widespread concerns that
The New American has documented extensively. Indeed, even the inaccurate
World Bank financial statements that Hudes has been trying to expose
are linked to the U.S. central bank, she said.

"The group that
we're talking about from the Zurich study - that's the Federal Reserve;
it has some other pieces to it, but that's the Federal Reserve," Hudes
explained. "So the Federal Reserve secretly dominated the world economy
using secret, interlocking corporate directorates, and terrorizing
anybody who managed to figure out that they were having any kind of
role, and putting people in very important positions so that they could
get a free pass."

The shadowy but immensely powerful Bank for
International Settlements serves as "the club of these private central
bankers," Hudes continued. "Now, are people going to want interest on
their country's debts to continue to be paid to that group when they
find out the secret tricks that that group has been doing? Don't forget
how they've enriched themselves extraordinarily and how they've taken
taxpayer money for the bailout."

As far as intervening in the
gold price, Hudes said it was an effort by the powerful network and its
central banks to "hold onto its paper currency" - a suspicion shared by
many analysts and even senior government officials. The World Bank
whistleblower also said that contrary to official claims, she did not
believe there was any gold being held in Fort Knox. Even congressmen and
foreign governments have tried to find out if the precious metals were
still there, but they met with little success. Hudes, however, believes
the scam will eventually come undone.

"This is like crooks trying
to figure out where they can go hide. It's a mafia," she said. "These
culprits that have grabbed all this economic power have succeeded in
infiltrating both sides of the issue, so you will find people who are
supposedly trying to fight corruption who are just there to spread
disinformation and as a placeholder to trip up anybody who manages to
get their act together.. Those thugs think that if they can keep the
world ignorant, they can bleed it longer."

Of course, the major
corruption at the highest levels of government and business is not a new
phenomenon. Georgetown University historian and Professor Carroll
Quigley, who served as President Bill Clinton's mentor, for example,
wrote about the scheme in his 1966 book Tragedy And Hope: A History Of
The World In Our Time. The heavyweight academic, who was allowed to
review documents belonging to the top echelons of the global
establishment, even explained how the corrupt system would work -
remarkably similar to what Hudes describes.

"The powers of
financial capitalism had a far-reaching aim, nothing less than to create
a world system of financial control in private hands able to dominate
the political system of each country and the economy of the world as a
whole," wrote Prof. Quigley, who agreed with the goals but not the
secrecy. "This system was to be controlled in a feudalist fashion by the
central banks of the world acting in concert by secret agreements
arrived at in frequent private meetings and conferences. The apex of the
system was to be the Bank for International Settlements in Basel,
Switzerland, a private bank owned and controlled by the world's central
banks which were themselves private corporations."

But it is not
going to happen, Hudes said - at least not if she has something do to
with it. While the media are dominated by the "power grabber" network,
Hudes has been working with foreign governments, reporters, U.S.
officials, state governments, and a broad coalition of fellow
whistleblowers to blow the entire scam wide open. There has been quite a
bit of interest, too, particularly among foreign governments and state
officials in the United States.

Citing the wisdom of America's
Founding Fathers in creating a federal system of government with
multiple layers of checks and balances, Hudes said she was confident
that the network would eventually be exposed and subjected to the rule
of law, stopping the secret corruption. If and when that happens - even
if it may be disorderly - Hudes says precious metals will once again
play a role in imposing discipline on the monetary system. The rule of
law would also be restored, she said, and the public will demand a
proper press to stay informed.

"We're going to have a cleaned-up
financial system, that's where it is going, but in the meantime, people
who didn't know how the system was gamed are going to find out," she
said. "We're going to have a different kind of international financial
system.... It'll be a new kind of world where people know what's going
on - no more backroom deals; that's not going to keep happening. We're
going to have a different kind of media if people don't want to be
dominated and controlled, which I don't think they do."

While Hudes sounded upbeat, she recognizes that the world is facing serious danger right now - there are even plans in place to impose martial law in the United States,
she said. The next steps will be critical for humanity. As such, Hudes
argues, it is crucial that the people of the world find out about the
lawlessness, corruption, and thievery that are going on at the highest
levels - and put a stop to it once and for all. The consequences of
inaction would be disastrous.